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Biotech / Medical : Biovail Corp (BVF)

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To: joao bilt who wrote (264)4/16/1999 10:48:00 PM
From: P Wright  Read Replies (1) of 293
 
Could someone explain to me why shareholder equity declined to $50m in 1998 from $75m in 1997 - when net earnings were positive for 1998. Does this have something to do with the share buy back.
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